Revenue segments as reported by the company.

Oil & Gas

Chemical

Midstream & Marketing

Eliminations

Interest, dividends and other income

Gains (losses) on sale of assets, net

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Purchased commodities

Selling, general and administrative

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Taxes other than on income

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Occidental Petroleum

Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 2024

Occidental Petroleum posts record earnings, focuses on sustainable growth

Occidental Petroleum (OXY) delivered strong financial results in Q4 2022, driven by record net income and free cash flow, showcasing operational excellence and financial discipline.
The company's strategic focus on debt reduction, shareholder returns, and low-carbon initiatives positions it well for sustainable growth and value creation.
While facing challenges in production maintenance and cost management, OXY's diversified capital plan and cautious approach to investments present opportunities for future growth and resilience.

Occidental Petroleum excels in Q1, prioritizes sustainability and shareholder value

Occidental Petroleum's Q1 2023 performance reflects operational excellence, financial strength, and a strategic focus on enhancing shareholder value through capital allocation.
Despite inflation challenges, the company's proactive approach to cost management and investment in sustainable technologies underscores a commitment to long-term growth.
By prioritizing shareholder returns, innovation, and sustainability, Occidental Petroleum is well-positioned to navigate uncertainties and capitalize on growth opportunities in the energy sector.

Occidental Petroleum (OXY) reports record Q2 results and advances sustainability goals

Occidental Petroleum (OXY) delivered a strong performance in Q2 2023, driven by operational excellence, financial discipline, and a focus on sustainability. Despite labor challenges, the company remains focused on efficiency improvements, growth opportunities, and innovation in carbon capture projects. Share repurchase program and strategic capital allocation aim to enhance shareholder value and position the company for future success.

Occidental Petroleum reports record Q3 performance and advances sustainability initiatives

Occidental Petroleum (OXY) showcased robust operational and financial performance in Q3 2023, driven by strong oil and gas production and successful execution of strategic initiatives.
The company's focus on shareholder returns, innovation in DAC technology, and commitment to sustainability position OXY for long-term growth and value creation.
While facing challenges such as inflation impacts and technological advancements, OXY remains agile in capital allocation, resource optimization, and strategic partnerships to navigate industry dynamics.

Occidental Petroleum reports robust 2023 performance and eyes sustainable growth

Occidental Petroleum's strong financial performance in 2023, operational advancements, and strategic acquisitions position the company for growth. While facing challenges like project delays, the focus on EOR and low carbon ventures presents significant opportunities for sustainable development and increased profitability.

Occidental Petroleum exceeds Q3 expectations, focuses on growth and debt reduction

Occidental Petroleum's Q3 2024 earnings call showcased strong financial performance, operational achievements, and progress on strategic initiatives. With a focus on debt reduction, capital investments, and operational excellence, OXY is poised for sustainable growth and value creation. The company's ability to navigate challenges and capitalize on opportunities bodes well for its future prospects.

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Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops and produces oil and condensate, natural gas liquids, and natural gas. The Chemical segment manufactures and markets basic chemicals and vinyls. The Midstream and Marketing segment purchases, markets, gathers, processes, transports and stores oil, condensate, natural gas liquids, natural gas, carbon dioxide, and power. The company was founded in 1920 and is headquartered in Houston, TX.

Occidental Petroleum's Mostly Solved Debt Problem

HOUSTON, Sept.  10, 2020  (GLOBE NEWSWIRE) --  Occidental  (NYSE: OXY) today announced the expiration and final results in connection with its offers to purchase for cash (collectively, the “Tender Offers” and each, a “Tender Offer”) its outstanding 4.10% Senior Notes due 2021 (the “4.10% 2021 Notes”), 2.600% Senior Notes due 2021 (the “2.600% 2021 Notes”), Floating Interest Rate Notes due August 2021 (the “Floating Rate August 2021 Notes” and, together with the 4.10% 2021 Notes and 2.600% 2021 Notes, the “2021 Notes”), Floating Interest Rate Notes due August 2022 (the “Floating Rate August 2022 Notes”), 2.600% Senior Notes due 2022 (the “2.600% 2022 Notes”), 2.700% Senior Notes due 2022 (the “2.700% 2022 Notes”), 3.125% Senior Notes due 2022 (the “3.125% 2022 Notes” and, together with the Floating Rate August 2022 Notes, 2.600% 2022 Notes and 2.700% 2022 Notes, the “2022 Notes”) and 2.70% Senior Notes due 2023 (the “2.70% 2023 Notes” and, together with the 2021 Notes and 2022 Notes, the “Notes”) up to a maximum aggregate purchase price, excluding accrued but unpaid interest (the “Maximum Aggregate Purchase Price”), of $3,000 million.

Occidental Announces Expiration and Final Results in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

Occidental Petroleum: Ready For Takeoff

Occidental (OXY) reported earnings 30 days ago. What's next for the stock?

Occidental (OXY) Down 27.1% Since Last Earnings Report: Can It Rebound?

American Airlines

Barrick Gold

Kraft Heinz

Here are 4 Buffett stocks investors should avoid in 2020, both from a valuation and a fundamental analysis perspective.
The post 4 Warren Buffett Stocks to Avoid in 2020 appeared first on InvestorPlace.

4 Warren Buffett Stocks to Avoid in 2020

Apple

Amazon

APA Corporation

Caterpillar

Diamondback Energy

Microsoft

Today's selling was brutal and broad across every sector, with oil stocks getting pummeled and the tech sell-off continuing.

S&P 500 Sell-Off Deepens: Tech and Energy Stocks Get Crushed

Continental Resources

Suncor Energy

Saudi Arabia just crushed crude oil prices. Here are the latest victims.

Why Suncor Energy, Continental Resources, and Occidental Petroleum Stocks Crashed Almost 10% Today

Murphy Oil

Global oil demand is faltering, and Saudi Arabia just slashed prices to two of the world's biggest customers.

Saudi Arabia Just Crushed U.S. Crude Oil Prices Again

Even the best oil companies are gasping for air in this environment. With a litany of problems weighing on OXY stock beyond oil prices, this might be a name to avoid.

Occidental Petroleum Carries Too Much Internal Baggage

There are unheralded opportunities available for OXY to retire debt.

Occidental Petroleum: Indulge Me In A Bit Of Whimsy

Take A Closer Look At New Warrants From Occidental

ConocoPhillips

Hess

Marathon Oil

The coronavirus pandemic has disrupted the upstream, midstream and downstream energy operations in the United States. Social-distancing measures have dented the country’s fuel demand, thereby making the outlook for the Zacks Oil & Gas US Integrated industry gloomy.

4 US Integrated Oil Stocks to Escape Industry Woes Amid Coronavirus

OXY stock has been through a lot this year. But until the price of oil picks up, there's still more pain ahead.

With Buffett Selling Occidental Stock, Other Investors Probably Will Follow

HOUSTON, Aug.  28, 2020  (GLOBE NEWSWIRE) --  Occidental  (NYSE: OXY) today announced the early tender results for the 2022 Notes and 2.70% 2023 Notes (each, as defined below) in connection with its offers to purchase for cash (collectively, the “Tender Offers” and each, a “Tender Offer”) its outstanding 4.10% Senior Notes due 2021 (the “4.10% 2021 Notes”), 2.600% Senior Notes due 2021 (the “2.600% 2021 Notes”), Floating Interest Rate Notes due August 2021 (the “Floating Rate August 2021 Notes” and, together with the 4.10% 2021 Notes and 2.600% 2021 Notes, the “2021 Notes”), Floating Interest Rate Notes due August 2022 (the “Floating Rate August 2022 Notes”), 2.600% Senior Notes due 2022 (the “2.600% 2022 Notes”), 2.700% Senior Notes due 2022 (the “2.700% 2022 Notes”), 3.125% Senior Notes due 2022 (the “3.125% 2022 Notes” and, together with the Floating Rate August 2022 Notes, 2.600% 2022 Notes and 2.700% 2022 Notes, the “2022 Notes”) and 2.70% Senior Notes due 2023 (the “2.70% 2023 Notes” and, together with the 2021 Notes and 2022 Notes, the “Notes”) up to a maximum aggregate purchase price, excluding accrued but unpaid interest (the “Maximum Aggregate Purchase Price”), of $3,000 million.

Occidental Announces Early Tender Results in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes Maturing in 2022 and 2023

Warren Buffett sold all of his Occidental Petroleum common stock in the second quarter. OXY stock appears to be a hopeless cause.

Buffett’s Sale of 100% of His Occidental Common Stock Is All Investors Need to Know

HOUSTON, Aug.  25, 2020  (GLOBE NEWSWIRE) --  Occidental  (NYSE: OXY) today announced the early tender results for the 2021 Notes (as defined below) in connection with its offers to purchase for cash (collectively, the “Tender Offers” and each, a “Tender Offer”) its outstanding 4.10% Senior Notes due 2021 (the “4.10% 2021 Notes”), 2.600% Senior Notes due 2021 (the “2.600% 2021 Notes”), Floating Interest Rate Notes due August 2021 (the “Floating Rate August 2021 Notes” and, together with the 4.10% 2021 Notes and 2.600% 2021 Notes, the “2021 Notes”), Floating Interest Rate Notes due August 2022 (the “Floating Rate August 2022 Notes”), 2.600% Senior Notes due 2022 (the “2.600% 2022 Notes”), 2.700% Senior Notes due 2022 (the “2.700% 2022 Notes”), 3.125% Senior Notes due 2022 (the “3.125% 2022 Notes” and, together with the Floating Rate August 2022 Notes, 2.600% 2022 Notes and 2.700% 2022 Notes, the “2022 Notes”) and 2.70% Senior Notes due 2023 (the “2.70% 2023 Notes” and, together with the 2021 Notes and 2022 Notes, the “Notes”) up to a maximum aggregate purchase price, excluding accrued but unpaid interest (the “Maximum Aggregate Purchase Price”), of $3,000 million.

Occidental Announces Early Tender Results in Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes Maturing in 2021

HOUSTON, Aug.  24, 2020  (GLOBE NEWSWIRE) --  Occidental  (NYSE: OXY) today announced that it is amending its offers to purchase for cash (collectively, the “Tender Offers” and each a “Tender Offer”) its outstanding 4.10% Senior Notes due 2021 (the “4.10% 2021 Notes”), 2.600% Senior Notes due 2021 (the “2.600% 2021 Notes”), Floating Interest Rate Notes due August 2021 (the “Floating Rate August 2021 Notes” and, together with the 4.10% 2021 Notes and 2.600% 2021 Notes, the “2021 Notes”), Floating Interest Rate Notes due August 2022 (the “Floating Rate August 2022 Notes”), 2.600% Senior Notes due 2022 (the “2.600% 2022 Notes”), 2.700% Senior Notes due 2022 (the “2.700% 2022 Notes”), 3.125% Senior Notes due 2022 (the “3.125% 2022 Notes”, and, together with the Floating Rate August 2022 Notes, 2.600% 2022 Notes and 2.700% 2022 Notes, the “2022 Notes”) and 2.70% Senior Notes due 2023 (the “2.70% 2023 Notes”, and, together with the 2021 Notes and 2022 Notes, the “Notes”) and Consent Solicitations (as defined below) to (i) modify the order of priority for the Floating Rate August 2022 Notes and 3.125% 2022 Notes so they will be accepted in the manner set forth in the table below (the order of priority for the Notes as set forth in such table, the “Acceptance Priority Level”), (ii) extend the time by which holders of 2022 Notes and 2.70% 2023 Notes must validly tender and not validly revoke such Notes in order to be eligible to receive the applicable early tender premium from 5:00 p.m., New York City time, on August 25, 2020 to 5:00 p.m., New York City time, on August 28, 2020 (such early tender time as extended with respect to the 2022 Notes and 2.70% 2023 Notes, the “2022 and 2023 Notes Early Tender Time”) and (iii) extend the time by which holders of 2022 Notes and 2.70% 2023 Notes may withdraw their tendered Notes in the applicable Tender Offer from 5:00 p.m., New York City time, on August 25, 2020 to 5:00 p.m., New York City time, on August 28, 2020 (such withdrawal deadline as extended with respect to the 2022 Notes and 2.70% 2023 Notes, the “2022 and 2023 Notes Withdrawal Deadline”). The Acceptance Priority Level for Notes that are not Floating Rate August 2022 Notes or 3.125% 2022 Notes are not being amended, and the 2021 Notes Early Tender Time (as defined below) and 2021 Notes Withdrawal Deadline (as defined below) with respect to the 2021 Notes are not being amended by this press release.

Occidental Announces Amendments to Previously Announced Cash Tender Offers and Consent Solicitations for Certain of its Senior Notes

Occidental Petroleum Can Comfortably Handle The Debt Wall

Occidental continues to suffer from management's decision to overpay for energy resources in an era of energy abundance.

Occidental Petroleum: Despite The Big Stock Drop, Better Opportunities Exist Elsewhere

Occidental (OXY) is going to sell some of the non-core assets to Orion for $1.33 billion to lower its debt burden.

Occidental to Sell $1.33B Assets as Part of Divestment Goal

Occidental Petroleum Corp. announced Wednesday agreements to sell sell its Wyoming, Colorado and Utah land grant assets for $1.33 billion to Orion Mine Finance.

Occidental sells Wyoming, Colorado and Utah land grant assets for $1.33 billion

Occidental Petroleum Corp said on Wednesday it will sell its Wyoming, Colorado, and Utah Land Grant assets to Orion Mine Finance for about $1.33 billion.

Occidental to sell some Colorado, Utah assets for $1.33 billion

HOUSTON, Aug.  19, 2020  (GLOBE NEWSWIRE) --  Occidental  (NYSE: OXY) today announced it has entered into a purchase and sale agreement to divest Wyoming, Colorado, and Utah Land Grant assets to  Orion Mine Finance  (Orion) for approximately $1.33 billion. The transaction, which is expected to close in the fourth quarter of 2020, has a footprint of approximately 4.5 million mineral acres and 1 million fee surface acres. Occidental will retain all cash flow from currently producing oil and gas properties on the position, which are primarily cost-free royalties. Not included in the sale is approximately 2.5 million mineral acres derived from the land grant in Colorado, including Occidental’s core DJ Basin position.

Occidental Announces Sale of Wyoming, Colorado, and Utah Land Grant Assets to Orion Mine Finance for $1.33 Billion

Chevron

Exxon Mobil

Don't Let Oil Stocks Ruin Your Retirement

One options trader is betting Occidental Petroleum, which Warren Buffett's Berkshire recently sold its stake in, is primed for a huge turnaround.

News for Occidental Petroleum Stock (OXY)